$3,375,000
1544 S Ocean Shore Boulevard Flagler Beach, FL 32136 - ATLANTIC OCEAN
For Sale MLS# V4935284
6,796 sq ft Commercial
Details for 1544 S Ocean Shore Boulevard
MLS# V4935284
Description for 1544 S Ocean Shore Boulevard, Flagler Beach, FL, 32136 - ATLANTIC OCEAN
Welcome to the beachfront community of Flagler Beach, Floridaa Charming Retro Beach CommunityThe Beachfront Motel is a 20 room motel located on scenic A1A with unobstructed ocean views in the tourist district of downtown Flagler Beach. Flagler Beach has Old Florida charm with locally-owned businesses offering restaurantes (no chains) with homemade cooking, local artists’ creations, and small town hospitality. The city of Flager Beach has six miles of beaches, bountiful fishing, beachside shops, waterfront restaurants and State parks. Its laid-back atmosphere and retro vibe makes it a popular destination for vacationers looking for a blend of relaxation and things to do. Key Features1. **Convenient to Travel** South of Flagler Beach is Daytona Beach (15 miles) and Orlando (75 miles). North is St. Augustine (35 miles) and Jacksonville (75 miles).via I-95 or the scenic route on A1A.2. **Prime Location**: Situated on scenic SR A1A with unobstructed ocean views, the property offers easy access to the beach via a dune walkover across the street. This part of the beach is pet friendly as is the Motel. Its walkable proximity to entertainment, shopping, and dining options makes it highly desirable for tourists.This walkability, plus the laid-back nature of Flagler Beach, have lured visitors away from busier beach towns like Hilton Head and New Smyrna Beach. 2. **Turn-Key Motel Business** Built in 1967, the current owner has owned and operated the property for 27 years, making improvements and upgrades to the Motel and rooms over the years, the latest being a new roof in 2024. Beachfront Motel has a loyal following with consistent repeat business. Additionally, there is a strong management team currently in place that has significantly increased positive online reviews and bookings. 2023 bookings were increased 10% over those in 2022.3. **Strong Growth Potential**: The ongoing development projects in Flagler Beach are expected to enhance the community's exposure nationally. Current projects in Flagler Beach include the $12.5 million Flagler Pier replacement and the new $17 million 100 room Margaritaville Hotel by Compass one block west of A1A on State Rd 100, just 15 blocks south of the Motel. These projects are expected to increase the upside potential of the Beachfront Motel.4. **The Motel**:The well-appointed rooms are decorated with a retro beach vibe. There are choices in room size and amenities, with some having kitchenettes. Enjoy the views and ocean breezes from the walkway balcony.With the ongoing development projects expected to increase the community's exposure nationally resulting in increased bookings and room rates, the Beachfront Motel, with its prime location and Tourist Commercial Zoning, is well-positioned to capitalize on the growing interest in Flagler Beach as a tourist destination. Overall, it is an excellent investment opportunity for those wishing to purchase beachfront property and/or looking to enter the hospitality business in this charming beachfront community.
Listing Information
Property Type: Commercial, Hotel/Motel
Status: Active
Lot Size: 0.32 Acres
Square Feet: 6,796 sq ft
Year Built: 1967
Construction: Block,Wood Siding,Wood Frame
Construction Display: New Construction
Subdivision: Fuquay Sub
Foundation: Slab
Number Of Units Total: 20
County: Flagler
Construction Status: New Construction
Interior Features
Flooring: Tile
Doors/Windows: Window Treatments
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Available,Municipal Utilities,Phone Available
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace, Window Unit
Exterior / Lot Features
Parking Description: Parking Space(s), Common
Roof: Shingle
Lot View: Beach,Ocean,Water
Lot Dimensions: 100x125
Additional Exterior/Lot Features: Landscaped, Waterfront, City Lot
Waterfront Details
Standard Water Body: ATLANTIC OCEAN
Water Front Features: Beach Access, Gulf Access, Ocean Access, Waterfront
Community Features
Community Features: Beach, Sidewalks
Security Features: Smoke Detector(s)
Driving Directions
From I95, go east on State Rd 100 to A1A, then south to the property.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 18-12-32-2750-00010-0110
Tax Amount: 11106.05
Tax Year: 2023
Price Changes
| Date | Price | Change |
|---|---|---|
| 03/21/2024 10.05 AM | $3,375,000 |
A broker reciprocity listing courtesy: ADAMS, CAMERON & CO., REALTORS
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.
Sales History & Tax Summary for 1544 S Ocean Shore Boulevard
Sales History
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| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1544 S Ocean Shore Boulevard
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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